Economists often like startling theorems, results which seem to run counter to conventional wisdom.


Joseph Stiglitz

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The conventional wisdom is often wrong.
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It may seem counter-intuitive, but aerobic exercise is an excellent way to counter fatigue.
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Our study challenges that conventional wisdom.
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Never accept ultimatums, conventional wisdom, or absolutes.
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Conventional wisdom tells us to avoid taking unalterable action while at a low point in life. I have...
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Knowledge if churned like milk, results in the butter of wisdom.
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Some people seem to go through life standing at the complaint counter.
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The conventional wisdom is that Republicans trump Democrats when it comes to involvement in religion...
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The grand essentials to happiness in this life are something to do, something to love, and something...
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Swim upstream. Go the other way. Ignore the conventional wisdom.
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Conventional wisdom is you don't need too many bond funds,
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Conventional wisdom holds that investors should hold bonds in tax-protected vehicles like IRAs and s...
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Contrary to conventional wisdom, it is not always advantageous to engage in thorough conscious delib...
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A dozen more questions occurred to me. Not to mention twenty-two possible solutions to each one, six...
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We're in a period of time that there is a conventional wisdom that Bush is on the ropes. I think, ba...
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I think in conventional magazine wisdom, you need to have a redesign every decade or so.
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When you're used to being prepared to reject conventional wisdom, it leaves you open to learn mo...
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The first thought is often the best. - Bishop Joseph Butler,
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Conventional wisdom on government's role in inequality often has it backwards. Tax reforms have ...
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Mainstream media tend to just mouth the conventional wisdom, to see everything through the filter of...
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If you try to change it, you will ruin it. Try to hold it, and you will lose it.
LAO TZU
Reject the religious labels and accept the only label that matters “Born Again
JOHN M SHEEHAN
Doubt the conventional wisdom unless you can verify it with reason and experiment.
STEVE ALBINI
I would still like to own and run a restaurant serving Indian food with a good dollop of Parsi cooki...
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There are two goddesses in your heard. The Goddess of Wisdom and the Goddess of Wealth. Everyone thi...
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I'm often uncomfortable with girliness, to be honest.
ELIZABETH REASER
Until there are tangible metrics for quantifying the real value of a token's utility, the gap be...
WILLIAM MOUGAYAR
The enemy of the conventional wisdom is not ideas but the march of events.
JOHN KENNETH GALBRAITH
The English press, are so nosy, and the English seem to love that eavesdropping.
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The conventional wisdom was that Katrina was catalytic to these attitudes about poverty. But these a...
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The conventional wisdom was that Katrina was catalytic to these attitudes about poverty, ... But the...
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There is nothing wrong to be possessive but it is not good to have obsession for something.Obsession...
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All action takes place, so to speak, in a kind of twilight, which like a fog or moonlight, often ten...
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All action takes place, so to speak, in a kind of twilight, which like a fog or moonlight, often ten...
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The good news is that economists are intelligent, engaging and often charming folks. The bad news is...
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I've always shied away from conventional wisdom, though I know the power of it.
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I think it's counter to the mission of the public schools to run the (home-school) programs.
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Either we are running ‘from’ what we fear, or running ‘to’ what we fear. The former is a cho...
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Amherst was pivotal in my broad intellectual development; MIT in my development as a professional ec...
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Amherst is a liberal arts college, committed to providing students with a broad education.
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I went to Amherst because my brother had gone there before me, and he went there because his guidanc...
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I went to public schools, and while Gary was, like most American cities, racially segregated, it was...
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I think in part the reason is that seeing an economy that is, in many ways, quite different from the...
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I grew up in a family in which political issues were often discussed, and debated intensely.
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Macroeconomic policy can never be devoid of politics: it involves fundamental trade-offs and affects...
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Certainly, the poverty, the discrimination, the episodic unemployment could not but strike an inquir...
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There must have been something in the air of Gary that led one into economics: the first Nobel Prize...
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One needs to find innovative ways to transfer and absorb risks better within Asia, better ways of ma...
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Asia has become the source of finance, the source of savings. It now has the human capital to manage...
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An example might be, when the owner of the firm knows more than the shareholders.
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We did not have to fight this war, and we did not have to go to war when we did. We could have waite...
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The question is whether some of the fears of last year will be realized this year. There is strong r...
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I knew that discrimination existed, even though there were many individuals who were not prejudiced.
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Elderly people remember when they could go to the movie for a nickel or a quarter,
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Asia has become the source of finance, the source of savings. It now has the human capital to manage...
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Webster lapsed into silence. Started thinking hard. He was a smart enough bureaucrat to know if you ...
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These results illustrate why it's often risky to rely on 'average' numbers, which are too often the ...
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People are not as rational as we would like them to be. I'm happy we got these results, because I be...
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If I were to use outdoor for Coke, I would do the exact opposite. I would run 19th century billboard...
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Perception starts to beat reality at a certain time. [The show] challenges conventional wisdom and r...
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For students, it will seem like any other residence hall. They are going to be run by our department...
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Reality is like a chameleon, it often yields the results that please the scientists.
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I feel increasingly like age is very irrelevant. Quite often, cynicism is confused with wisdom, and ...
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That which seems the height of absurdity in one generation often becomes the height of wisdom in ano...
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That which seems the height of absurdity in one generation often become the height of wisdom in anot...
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Conventional wisdom, it's an enemy at a time like this. In media today, I don't think there is a sin...
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Conventional wisdom holds that setting a timetable for getting American troops out of Iraq would be ...
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It is our task, both in science and in society at large, to prove the conventional wisdom wrong and ...
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[Weber seemed to buck conventional wisdom when comparing display power draws.] Everyone knows that L...
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I like down-to-earth people.
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The English patrician bloomed in his natural climate.
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The shortcomings of economics are not original error but uncorrected obsolescence. The obsolescence ...
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There is often times a confusion of things, of particles, of the concepts considered essential whenc...
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That which seems the height of absurdity in one generation often becomes the height of wisdom in the...
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My life is not mine - it is for my people – the humans – the humans of the thinking society.
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People like, George Soros, Bill Gates, Warren Buffett, Paul Krugman, Joe Stiglitz, Jeffrey Sax, Dean...
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There's a flip side to having prominent public intellectuals, which is that they start meddling ...
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We have been citing improving execution as a key driver of earnings growth while conventional wisdom...
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An old Apache storyteller reminds us:

JOSEPH CAMPBELL
We are odd compounds full of explosive material to which circumstances may at any time apply a spark...
JOSEPH FARRELL
Sometimes in politics one must duel with skunks, but no one should be fool enough to allow skunks to...
JOSEPH CANNON
We always plan too much and always think too little.
JOSEPH SCHUMPETER
To have his path made clear for him is the aspiration of every human being in our beclouded and temp...
JOSEPH CONRAD
Philosophers call God the great unknown The great misknown is more like it!
JOSEPH ROUX
Perfection is the child of time.
JOSEPH HALL
Perhaps some of us have to go through dark and devious ways before we can find the river of peace or...
JOSEPH CAMPBELL
What all men are really after is some form, or perhaps only some formula, of peace.
JOSEPH CONRAD
There is a slowness in affairs which ripens them, and a slowness which rots them.
JOSEPH ROUX
Our ideals, like pictures, are made from lights and shadows.
JOSEPH JOUBERT
There is always some frivolity in excellent minds; they have wings to rise, but also stray.
JOSEPH JOUBERT
Politeness is the flower of humanity.
JOSEPH JOUBERT
It is not true that democracy will always safeguard freedom of conscience better than autocracy. Wit...
JOSEPH SCHUMPETER
Monuments are the grappling-irons that bind one generation to another.
JOSEPH JOUBERT
There are men here and there to whom the whole of life is like an after-dinner hour with a cigar; ea...
JOSEPH CONRAD
Legislation, both statutory and constitutional, is enacted, it is true, from an experience of evils ...
JOSEPH MCKENNA
If you go in for argument, take care of your temper. Your logic, if you have any, will take care of ...
JOSEPH FARRELL
The best remedy for a short temper is a long walk.
JOSEPH JOUBERT
Enjoy your happiness while you have it, and while, you have it do not too closely scrutinize its fou...
JOSEPH FARRELL
People say that what we're all seeking is a meaning for life... I think that what we're really seeki...
JOSEPH CAMPBELL
It seems to have had an order, to have been composed by someone, and those events that were merely a...
JOSEPH CAMPBELL
Life, the way it really is, is a battle not between Bad and Good but between Bad and Worse.
JOSEPH BRODSKY
What should I say about life? That it's long and abhors transparence.
JOSEPH BRODSKY
I want to keep my dreams, even bad ones, because without them, I might have nothing all night long.
JOSEPH HELLER
Follow your bliss.
JOSEPH CAMPBELL
The notion of this universe, its heavens, hells, and everything within it, as a great dream dreamed ...
JOSEPH CAMPBELL
A man that is born falls into a dream like a man who falls into the sea. If he tries to climb out in...
JOSEPH CONRAD
How delightful to find a friend in everyone.
JOSEPH BRODSKY
Friendship improves happiness, and abates misery, by doubling our joys, and dividing our grief.
JOSEPH ADDISON
Friendships, in general, are suddenly contracted; and therefore it is no wonder they are easily diss...
JOSEPH ADDISON
The friendships of the world are oft confederacies in vice, or leagues of pleasures.
JOSEPH ADDISON